PRKSUnited Parks & Resorts Inc.
Services-Miscellaneous Amusement & Recreation
- Revenue
- $1.7B
- 3.6% YoY
- Operating margin
- 22.0%
- 18% YoY
- EBITDA
- $540M
- 14% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 3.3×
- $1.8B net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear226% of net incomeCash flow under 80% of net income
- Dilutive SBCClear1% of revenueOver 10% of revenue
- Payouts exceed cash flowClear42% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear3% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $1.5B | $1.7B | $1.7B | $1.7B | $1.7B | 3.6% |
| Operating income | $432M | $508M | $460M | $463M | $365M | 21% |
| Net income | $257M | $291M | $234M | $228M | $168M | 26% |
| Operating cash flow | $503M | $565M | $505M | $480M | $380M | 21% |
| Capex | $129M | $201M | $305M | $248M | $217M | 12% |
| Stock-based comp | $40M | $18M | $17M | $14M | $17M | 26% |
| Buybacks | $216M | $694M | $18M | $483M | $160M | 67% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $41K · 1
- Net
- −$41K
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | $5M | $4M | 115 | 155 |
| FY2024 | $1M | $636K | 178 | 144 |
| FY2023 | $1M | $1M | 167 | 126 |
| FY2022 | $1M | $512K | 169 | 108 |
| FY2021 | $2M | $11M | 205 | 125 |